Infrastructure Issues:
Indian infrastructure is creaking.Power sector is very bad.Delhi ,UP is an example.
I was thinking it was time for government to do some bold reforms.
MNERGA schemes .land acquisition act ,Food security act all are impediment to growth.
Supply side issues like gas /coal needs to overhauled.
Stalled projects with backing from states needs to be pushed.
Power tariff reforms are not done in states.
Gas price decision making is still balanced.
Need to first carry out power sector reforms.
How will government fund this projects?
Labour reforms,tax reforms.
I think it needs to be taken care in the first months itself.
Inflation needs to be tackled so that interest rate can be brought down.
Every project that are taking off needs to be monitored until completion.
Especially government sponsored projects are delayed sometime.
Hope the government carries out the reforms in the first days itself.
Gigantic push to the infrastructure sector is required. more